WHAT IS AN ETHEREUM CASINO?

The term Ethereum is frequently used almost interchangeable to refer to both the network and the cryptocurrency token Ether. Ether, which was created in 2015, is the cryptocurrency used to power the Ethereum network. It may be used to pay for products and services, much like other digital currencies. However, it is also used to aid in the creation of Ethereum-based apps that work without central authority parties having to manage them. 

 

By definition, an online casino that takes payments in Ether/ETH can be categorized as an Ethereum casino. In the iGaming industry, an Ethereum casino is effectively a subcategory under the umbrella of a crypto casino, as is a Bitcoin casino or a Ripple casino. 

 

Another thing you should know about crypto casinos is that some of them are exclusively crypto and some are a hybrid that accept crypto and conventional fiat currencies as well as payment methods like e-wallets, credit cards, debit cards, net banking and so on. 

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